Word: ewan
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Dates: during 1950-1959
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...consumers the Agriculture Department predicts most foods will be more abundant and cheaper in 1959 than this year. Big harvests this fall and higher supplies of poultry and eggs are already dropping some prices, the department reported. Said Ewan Clague, commissioner of the Bureau of Labor Statistics: "The consumer price index is likely to hold around current levels for the next few months. Inflation may turn out to be a problem in the longer run, but it is not an immediate prospect...
...high, food prices are now declining, which will show up in the index next month. The drop in food prices is expected to offset any rises that may come from fall-clothing and postage increases, thus keep the cost of living relatively stable in the months to come. Said Ewan Clague, commissioner of labor statistics: "My guess is that these will just about balance each other out for the next few months-up to the end of the year...
...Consumer Price Index, commonly (and erroneously) referred to as the cost-of-living index. Some 4,000,000 workers have their wage rates tied directly to the index, and the wages of the other 17 million in manufacturing and transportation are indirectly affected by the competition for manpower. Says Ewan Clague, commissioner of the U.S. Bureau of Labor Statistics, which prepares the index: "A single point increase can run up wages in the U.S. by $160 million. So much money changes hands that you have to have high standards of accuracy...
...average, 3.6% higher than February of 1956. Except for clothing, every major group of consumer goods was more costly, with food prices up .7% for the month to a Ievel 4.4% higher than at the same time last year. Will the rise continue? Said Labor Statistics Commissioner Ewan Clague: no one can tell "because there are so many factors moving in different directions...
...escalator-clause pay boosts averaging 10 an hour. But a lot of less lucky American workers, and millions of people living on fixed incomes, are finding that, with prices going up, their standard-of-living escalators are going down. And the short-range outlook. Bureau of Labor Statistics Commissioner Ewan Clague glumly predicted last week, is that the index will continue to "creep up like this...